“NMTC: Uncertainty in Indian Country,” By Darryl P. Jacobs

By Darryl P. Jacobs

The push by the Community Development Financial Institutions (CDFI) Fund to boost the use of the New Markets Tax Credit (NMTC) program in rural areas has led to increased interest in projects in areas including Native American reservations, Indian communities and trust lands, often referred to as “Indian Country.” Many tribal trust lands are located in highly distressed rural census tracts in need of economic development that is consistent with the goals of the NMTC program.

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